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Dogecoin Slips | Robinhood Wallet Shift Doesn’t Help

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Dogecoin is trading almost a percent lower over the past 24 hours, falling to 22 cents on Tuesday morning. Over the last 7 days, the token has fallen 10.86%. Doge is mixed against Bitcoin and Ether, falling 0.59% against the former and 0.17% against the latter. Year-to-date, the token is up 3765.33%, but it has dropped over 25% in the last 90 days, with over an 11 and a half percent drop in the last 30 days. All this after an all-time high of 74 cents in May. Doge is falling as the cryptocurrency market loses a portion of its value. For its part, Robinhood ($HOOD@US) showcased an alpha transfer from a Roinbhood wallet to an external wallet on Monday, featuring low fees. Dogecoin co-creator, Billy Markus, says this is “huge” for the token while social media made light of the transfer total: 420.69 Dogecoins.

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